what is the primary of for-profit organisation
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Is buy or sale trade will impact on Nov? Yes/No Please explain.
Explain what is involved in the process of double-entry accounting?
what is accrued expense
in reply of sreedapa answer ,suppose for the m/o march telephone expense is Rs.800 and for the m/o april Rs.200 For this we will pass tthis entry : Telephone expenses Dr 800 To Tel expenses payable 800 Telephone Expenses Payable Dr 800 to Bank/cash 800 (For the m/o march) And for the m/o april, we will make the provision in the m/o March Telephone expenses Dr. 200 To Telephone Expenses Payable 200 Plz advice
what is a journal entery of goodwill?
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We have bought a vehicle amounting and take a loan from bank and some part has been paid by Cash.
what is sundry debtors and creditors?
What is fair value accounting?
What Is The Entry Of Partners Loan & In Which Voucher
DEPRECIATION
what is depreciation and methods mostly used
Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?